# Meteora > We build liquidity pools for liquidity providers, launchpads, and launches Meteora is a decentralized liquidity protocol on Solana. It lets liquidity providers, launchpads, and token teams create liquidity pools for trading and token launches. Meteora is a decentralized liquidity protocol on Solana. It provides liquidity pools that traders swap against and liquidity providers deposit into, along with launch tooling for token teams. Its pools serve liquidity providers, launchpads, and projects bringing tokens to market. Concentrated liquidity pools group capital into discrete price bins, so providers choose where their liquidity is active and earn fees that rise with volatility. Constant-product pools hold liquidity across a configurable range, and bonding curves let projects launch tokens that later move into a pool. Earlier pool designs still operate as legacy products, including stable pools for pegged pairs, liquid staking pools, and vaults that lend idle capital for extra yield. Meteora is the flagship exchange product, joined by Dynamic Vaults for yield and M3M3 for staking project tokens to earn trading fees. It is used by liquidity providers, traders, token launch teams, and aggregators that route trades through its pools. - Type: Company - Sector: Finance - Status: Active - Founded: 2021-04-01 - Profile: https://thegrid.id/profiles/Meteora ## Products - [Meteora](https://thegrid.id/profiles/Meteora): Meteora is a decentralized exchange on Solana where traders swap against liquidity pools and providers deposit capital to earn fees. Its DLMM pools group liquidity into discrete price bins, so providers concentrate capital around the active price, deposit on one side, and earn dynamic fees that rise with volatility. Its DAMM v2 pools hold constant-product liquidity with optional concentrated ranges. (Decentralised Exchange, Live, Main Product) - [Meteora Dynamic Vaults](https://thegrid.id/profiles/Meteora): Meteora Dynamic Vaults is a yield aggregator that holds one token per vault and moves idle capital between approved lending strategies. Depositors receive vault LP tokens that they burn to withdraw their share, and the vaults also back the sides of legacy DAMM v1 pools so those pools earn lending yield alongside trading fees. It is a legacy product. (Yield Aggregator, Live) - [Meteora Multi-token Stable Pools](https://thegrid.id/profiles/Meteora): Meteora Multi-token Stable Pools is a pool product for pegged assets that uses an amplified curve to keep slippage low when assets trade close together. Liquidity providers deposit into a pool and earn trading fees from swaps between the pegged assets. The pools are part of the legacy DAMM v1 design. (Pool Software, Live) - [Meteora Dynamic LST Pools](https://thegrid.id/profiles/Meteora): Meteora Dynamic LST Pools is a pool product for SOL and liquid staking token pairs. Its stable-pool pricing tracks the staking token's value against SOL and accounts for depegs, so providers earn trading fees on the pair with low slippage. The pools are part of the legacy DAMM v1 design. (Pool Software, Live) - [M3M3](https://thegrid.id/profiles/Meteora): M3M3 is a staking product where users stake a project token and compete for a place on a top-staker list. Trading fees from locked liquidity in a linked DAMM v1 pool go to the current top stakers. It is a legacy product, also called Stake2Earn. (Launch Pad, Live) - [Mercurial Finance](https://thegrid.id/profiles/Meteora): Mercurial Finance was a stable-asset liquidity protocol on Solana that offered low-slippage swaps and dynamic vaults. It rebranded to Meteora, and its programs now run under Meteora's products. (Yield Aggregator, Inactive/Support Ended) ## Assets - [Meteora Token (MET)](https://thegrid.id/profiles/Meteora): MET is the governance token of Meteora, a liquidity protocol on Solana. It is used to vote on protocol decisions and parameter updates, with holders earning fee distributions from protocol vaults. Staking MET grants voting power that determines how liquidity incentives are allocated across Meteora's pools, allowing the community to shape which markets receive rewards. (Governance) - [Mercurial (MER)](https://thegrid.id/profiles/Meteora): MER was the utility token of Mercurial Finance, a stablecoin exchange on Solana that rebranded to Meteora and replaced MER with a new token. It was used for governance, earning trading fees, and as collateral for synthetic stablecoins. The token was issued in a sale hosted by FTX, and following the exchange's collapse, the project abandoned MER to distance itself from the fallen empire. (Utility) ## Links - [Blog](https://meteoraag.medium.com) - [Documentation](https://docs.meteora.ag) - [Main](https://www.meteora.ag) - [Terms of Service](https://docs.meteora.ag/resources/legal/terms-of-service) - [Discord](https://discord.com/invite/meteora) - [Twitter / X](https://x.com/MeteoraAG) - [GitHub](https://github.com/MeteoraAg) - [YouTube](https://www.youtube.com/@meteora-ag) - [Medium](https://meteoraag.medium.com) - [LinkedIn](https://www.linkedin.com/company/meteora-ag) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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